Grid Operations and Energy Trading in Power & Utilities
AI-driven demand forecasting and renewable integration optimizing generation scheduling, reducing curtailment, and enhancing grid stability with variable renewables
The challenge
A utility with 35% renewable penetration struggled with demand-supply balancing, experiencing 8-12% annual renewable curtailment and relying on expensive peaking plants. Legacy models failed to capture weather-demand-renewable relationships, costing $15-20M annually.
The solution
We implemented AI Forecasting Platform using Azure Machine Learning with LSTM and gradient boosting models. Databricks processed weather, AMI, and generation data for renewable-demand predictions, with Power BI enabling traders to visualize forecasts and dispatch recommendations.
Measured impact
3.5-4.2%
Improvement in demand forecast accuracy (MAPE reduction),
60%
Reduction in renewable energy curtailment,
$12-16M
Annual savings from optimized generation dispatch